adjustments to put wind in private sectors sails

Adjustments to put wind in private sector’s sails

Vietnam is amending the Law on Investment 2014 and Law on Enterprises 2014, aiming to bring half a decade old laws up to speed with current realities. Nguyen Xuan Thuy and Vu Thanh Minh, partners of LNT & Partners, which has just been awarded for the second time as Vietnam Law Firm of the Year 2019  by ALB Thomson Reuters, delves into what key changes the amendment should focus on to clear away existing barriers to leverage private investment in the future.
wind power barriers need removing

Wind power barriers need removing

Vietnam’s latest and most comprehensive regulation on wind power development is expected to leave much room for improvement. Dr. Le Net (left), Le Thanh Hieu (middle), and Vo Phuong Thao (right), lawyers at LNT & Partners, provide their analysis of whether the changes will be sufficient to tackle market criticisms of past regulations and attract further investment in Vietnam’s wind energy market.
real estate still facing unresolved legal issues in 2018

Real estate still facing unresolved legal issues in 2018

The real estate market expects 2018 to be another great year for foreign investment. Lawyer Le Net of LNT and Partners spoke to VIR's Le Son about the difficulties real estate developers are facing and the legal issues they hope will be resolved this year. 
signed invoices are trade hitch

Signed invoices are trade hitch

To ensure a smooth transition into its free-trade era, Vietnam has been adjusting its internal practices to fit those of the global economy. The outdated requirement for signed invoices on imported goods, as law firm LNT & Partners associate Nguyen Thi Chau Thanh explains, is one more significant stumbling block.
important documents regulating bank guarantee

Important documents regulating bank guarantee

On 25 June 2015, the State Bank of Vietnam issued Circular No. 07/2015/TT-NHNN on bank guarantee which is considered as one of the most important documents regulating bank guarantee applied to domestic credit organizations, branches of foreign banks for foreign customers. The Circular is to replace the previous one, namely Circular No. 28/2012/TT-NHNN on 03 October 2012 issued by the State Bank of Vietnam on bank guarantee.
new rules ease ppp implementation

New rules ease PPP implementation

The government recently released Decree 15 to provide a comprehensive legal framework for public-private partnership projects, replacing the old regulations. Net Le and Loi Huynh of LNT & Partners took a closer look.
key laws to bring new momentum

Key laws to bring new momentum

Last year the Vietnamese government reviewed and implemented several new policies to bolster the economy, lawyers from LNT Law Firm writes.
eyeing the pitfalls of arbitral awards

Eyeing the pitfalls of arbitral awards

Most legal jurisdictions recognise that employees within a company can sign a contract within the scope of their employment to bind the company to perform.
one size fits all contracts may not resolve disputes

One-size-fits-all contracts may not resolve disputes

LNT’s Thai Binh Tran and Quang Dao Nguyen look at some of the issues raised by the Ministry of Construction’s Circular 03 which insists on a standardised approach to property contracts between individuals and real estate developers.
stricter rules and centralised regulator for multi level sales

Stricter rules and centralised regulator for multi-level sales

On May 14, the government issued Decree 42/2014/ND-CP regulating multi-level sales activities. Decree 42 took effect on July 1, 2014 and replaced Decree 110/2005/ND-CP. To detail certain provisions of Decree 42/2014/ND-CP, on July 30 the Ministry of Industry and Trade issued Circular 24/2014/TT-BCT, which will come into effect from September 15.
competition law key factor in mas

Competition law key factor in M&As

While investors’ interest in Vietnam has translated into healthy growth in mergers and acquisitions (M&As) and foreign direct investment (FDI), the potentially far reaching impact of the Competition Law is not understood by many players, writes Dr. Nguyen Anh Tuan from LNT & Partners.
new joint circular cleans up bancassurance sales rules

New joint circular cleans up bancassurance sales rules

LNT & Partners’ Hoang Nguyen Ha Quyen and Logan Leung take a look at the State Bank of Vietnam and Ministry of Finance’s new regulations outlined in Joint Circular 86/2014/TTLT-BTC-NHNNVN on managing the sale of insurance via the banking sector, which come into effect from September 1, 2014.
getting up to speed with the competition law

Getting up to speed with the Competition Law

While investors’ interest in Vietnam has translated into healthy growth in M&As and foreign direct investment (FDI), the potentially far reaching impact of the Competition Law is not understood by many players, writes Dr. Nguyen Anh Tuan from LNT & Partners.
building blocks needed for property mas

Building blocks needed for property M&As

Vietnam’s dormant property market is tailor-made for M&As to kick-start it back into life. However, TRAN THAI BINH, head of Real Estate & Infrastructure Practice Group - LNT & Partners, writes that administrative procedures need to be streamlined to get deals moving.
lnt partners wins coveted alb award

LNT & Partners wins coveted ALB Award

LNT & Partners was just honoured the title “Vietnam Deal Firm of the Year” by Asian Legal Business (ALB), a Thomson Reuters company, which recognises the excellence and achievements of Southeast Asia’s leading law firms and top dealmakers.